MiTú Network gets cash infusion.
November 13, 2012
MiTú (www.youtube.com/mitu), a multi-channel YouTube network exclusively dedicated to Latino content, announced \ that it has closed financing, led by The Chernin Group LLC (TCG). Co-investors in the funding round include Allen DeBevoise, Chairman, CEO and co-founder of Machinima; Juan Cristóbal Ferrer of Ferrer Comunicación, a Mexico City-based advertising agency; Advancit Capital, a venture capital firm founded by Shari Redstone and Jason Ostheimer; and CODE Advisors. TCG will join MiTu’s board of directors.
